Examlex
It is very important to consider the impact of one activity in the value chain on another activity. Therefore, a key aspect of the value chain is the management of _______________.
Shortage
A scenario in which the need for a product or service surpasses the amount available at a particular price.
Quantity Supplied
The amount of a good or service that producers are willing and able to sell at a given price over a specified period of time.
Law Of Demand
A fundamental economic principle stating that, all else being equal, as the price of a good or service decreases, consumer demand for it will increase, and vice versa.
Price
The quantity of currency projected, called for, or dispensed as remuneration for something.
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